AI News Brief: Visa outlined its stablecoin strategy during the Q3 earnings call, emphasizing that it is investing across every layer of the stablecoin ecosystem. The company posted Q3 revenue of $11.6 billion, up 14% year-over-year, driven by double-digit growth in payments volume, cross-border volume, and processed transactions. Visa said it has invested across blockchain, issuance, wallets, infrastructure and orchestration, and applications, with progress this quarter in both the issuance and application layers. The company has joined the OpenStandard consortium, which plans to issue the OpenUSD stablecoin for global money movement. Visa’s stablecoin platform is designed to let partners settle with Visa in stablecoins, offering on-chain wallet-as-a-service infrastructure as well as the ability to move funds between fiat and stablecoins (starting with OpenUSD). The platform will also integrate with Pismo to support tokenized deposits for financial institutions, with plans to onboard third-party tokenized deposit infrastructure providers in the future. Visa also pointed to AI as another long-term growth area, viewing stablecoins and AI as complementary technologies: if stablecoins are reshaping the back end of commerce, AI is reshaping the front end, and agentic commerce will expand Visa’s addressable market and drive future growth. Cross-border volume grew 13% YoY (12% excluding intra-Europe), while processed transactions grew 10%.